Naira Depreciates to N1,650/$1 on Weak Forex Liquidity

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By Adedapo Adesanya The Naira depreciated against the US Dollar on Thursday, November 14, in the Nigerian Autonomous Foreign Exchange Market (NAFEX), as the market continued to battle a stronger Dollar and a liquidity squeeze amid seasonal demand ahead of the festive season. Data showed that the value of the local currency to the greenback […]

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